Legendary investor Jeremy Grantham’s GMO is planning to offer an exchange-traded fund that will invest in U.S. quality stocks, the firm’s first ETF as it responds to demand in the wealth management industry.
Grantham has built a reputation for calling major stock-market bubbles, including in 2000 and 2007. In January 2022, he warned of a “superbubble” spanning across stocks, bonds, real estate and commodities while pointing to stimulus from the Federal Reserve.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: